Aviation Fuel
Saneg launches a company to develop business in the aviation fuel segment
Uzbekistan oil and gas company Saneg announced the creation of a new subsidiary - Saneg JetWhites, which will become an operator for the sale of aviation fuel of both domestic and imported production. The new brand will be part of Saneg's strategic direction to enter the aviation fuel market and strengthen its position in high-tech segments of the oil and gas industry.
Russia's Novatek plans condensate processing complex in Murmansk
Russian energy company Novatek plans to build a complex in Murmansk to process and ship stable gas condensate.
Neste begins SAF production at its renewables refinery in Rotterdam, the Netherlands
Neste has started producing SAF at its renewable products refinery in Rotterdam, the Netherlands. The refinery has been modified to enable Neste to produce up to 500,000 tpy of SAF.
bp halts plans to make clean jet fuel at Spain plant
bp has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.
Holcim, IGNIS P2X and Exolum present ECO2FLY: a pioneering project for the decarbonization of the construction materials and air transport industries
Holcim, IGNIS P2X and Exolum have formed a strategic partnership to develop ECO2FLY, an innovative CO2 circular economy project that will transform industrial emissions – inherent in the cement production process – into sustainable aviation fuel (eSAF).
Update: IATA airlines chief warns aviation industry falling behind on net-zero
Global airlines have issued their bluntest warning yet that efforts to reach net-zero emissions by 2050 are sliding off course, as the head of their main trade body accused oil firms and the rest of the aviation sector of dragging their feet.
Oil and gas investor Afreximbank earmarks $3 B to support locally-refined products
The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 B to finance the purchase of refined products within Africa as part of broader plans to boost refining capacity.
Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B
Brookfield Infrastructure Partners L.P. and its institutional partners reached a definitive agreement to acquire 100% of Colonial Enterprises, which includes the Colonial Pipeline, for an enterprise value of approximately $9 B. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York.
Colombia's Ecopetrol to invest up to $700 MM in SAF production plant
Colombia's state-run energy company Ecopetrol plans to invest up to $700 MM to build a plant at the Barrancabermeja refinery to produce sustainable aviation fuel
Willis Sustainable Fuels selects FT CANS to boost sustainable aviation fuel production in the UK
Johnson Matthey announced that Willis Sustainable Fuels (WSF) has selected JM and bp’s award-winning Fischer Tropsch CANS™ technology for WSF’s sustainable aviation fuel project in Teesside, Northeast England.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
